Colgate Palmolive dips, Expedia takes off, Sprint shares jump

Colgate Palmolive (CL): Shares are down at time of taping, at around 0.95%. The household products maker said first quarter sales were below expectations, as demand in emerging markets, including Latin America, was muted. Revenue also fell short of forecasts.

Expedia (EXPE): Shares are taking off here, up around 8.2%. The online travel agent reported a 15% year-over-year increase in booking volume. Revenue also popped 15% year over year to $2.5 billion, beating analysts’ estimates.

Sprint (S): Shares jump here, up around 9.0%. Reuters is reporting that talks of a merger between Sprint and AT&T are progressing and that the two wireless carriers are hoping to complete negotiations as early as next week.

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